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Capital Preservation Mode
By Mr. IPO  •  November 15, 2012
It turned out that November is an active month. I have previously shared with you my bearish view on STI and the fact that i would have cut my positions inCache, Suntec and STXOSV some time back. It turned out that i should have "stuck" to my initial instincts. With the benefit of hindsight, the decision to switch from Starhub to STXOSV and M1 turned out to be a foolish one as it created more volatility to my portfolio without adding value and created a loss.

Today i am in a capital preservation mode and decided to liquidate my positions in SRS for the 3 stocks this morning. Not too sure if it will be a good or lousy decision but i had no time to watch the market. I may progressively cut my remaining positions should my 'trailing' stops be triggered. The only problem with this strategy is ......
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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